Payment Services Regulations 2017: UK implementation of PSD2 that governs payment services, including consent requirements for payment transactions, regulation of payment service providers, and customer rights and obligations
Direct Debit Scheme Rules (Bacs): UK framework for recurring payments, providing the equivalent system to ACH in the UK context and establishing operational rules for recurring payment processing
Data Protection Act 2018 and UK GDPR: Legislation governing personal and financial data handling, including requirements for data processing consent, storage, and security measures
Consumer Rights Act 2015: Legislation ensuring fairness and transparency in consumer transactions, including requirements for clear terms and consumer protections in payment agreements
Electronic Commerce (EC Directive) Regulations 2002: Regulations governing electronic contracts and transactions, particularly relevant if the authorization form is completed electronically
Financial Services and Markets Act 2000: Primary legislation establishing the regulatory framework for financial services in the UK, including requirements for regulated activities and payment services
Consumer Credit Act 1974: Legislation governing credit agreements, including disclosure requirements and consumer protections for payment arrangements related to credit
